"With higher inflation, promising economic growth and a tight labor market, we expect rates will continue to rise," said Sam Khater, Freddie Mac's chief economist., according to Jacob Channel, senior economic analyst at LendingTree.
Homeowners may also be able to deduct the interest on the first $750,000 of the new mortgage if the cash-out funds are used to make capital improvements. However, sinceYou might still be able to find a really good deal.Alternatively, a home equity line of credit, or
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